( Part A and Part B, ) Im having trouble with this two part problem...
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Accounting
( Part A and Part B, ) Im having trouble with this two part problem on accounting. If anyone get help me with this question this will be greatly appreciated. Please make sure its correct because I'm trying to learn from this. The couple of times I've posted this in the past they have been wrong. Again, please make sure it's correct and box the final answer. Thank you
Part A
Part B
A $650000 bond was retired at 102 when the carrying value of the bond was $667000. The entry to record the retirement would include a loss on bond redemption of $13000. a. loss on bond redemption of $4000. gain on bond redemption of $4000. C. gain on bond redemption of $13000. d. A $600,000 bond was retired at 96 when the carrying value of the bond was $570,000. The entry to record the retirement would include a a. gain on bond redemption of $6,000. loss on bond redemption of $30,000. b. loss on bond redemption of $6,000. C. gain on bond redemption of $30,000. d
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Part B
